MAS names sustainability head; Malaysia’s EPF appoints COO and CFO; GIC PE head for SEA leaves; State Super hires new exec; Hesta appoints chief growth officer, chief Debby Blakey appointed to corporate governance board; ex-BlackRock exec joins IQ-EQ in Singapore; HSBC AM builds direct real estate team; ex-Vanguard head of distribution joins LGIM; Sanne names Singapore head; and more
He reports to Logan Chong, SG CIBÆs head of shipping finance, Asia-Pacific and will focus his attention on Japan, Singapore, Malaysia, India and Australia.
His arrival at SG CIB comes as the firm is continuing to bolster its shipping finance franchise globally. This division specialises in providing structured and value-added vessel franchise solutions to shipping clients worldwide. ItÆs shipping finance division also provides tailor made financing and advisory services across a wide range of assets using its tax, accounting, legal, market and asset expertise.
SG CIB currently has a regional presence in China, Korea and Japan for shipping finance. According to SG CIB, it is also looking to further expand its footprint in Southeast Asia and Australia.
At Nordea Bank in Singapore, Remmer was a relationship manager responsible for shipping, offshore and oil services clients in Japan, Korea, Singapore and India. Prior to working for the Scandinavian Bank, Remmer was an in-house lawyer for Bank of Aland in Finland.
Investors still favour private equity assets for their higher growth, better governance structures, and diversification potential.
The recent focus on greenwashing has put bond issues under greater scrutiny. However, some market participants believe this risks paralysis by analysis.
The AU$85 billion ($61.6 billion) Australian super fund has some exposure to indebted property developer Evergrande. Meanwhile, China’s construction finance is part of its core strategy in real estate.
Investors are seeing the risks, but also the opportunities of the logistics sector. Warehousing their fears for the moment, they can see it's a good conduit to high-growth assets.